CDH to host Midwest income tax study groups
Corbett, Duncan & Hubly, P.C. is continuing a series of study group sessions throughout the Midwest for Japanese speaking employees working in the United States. The first session was held in winter of 2007, the second session will be in March 2008, and the third session will be in spring of 2008. (The instructor will cover the previous session's contents at the beginning of the session, so a participant does not necessarily have to attend all three sessions.)
BENEFIT:
These study groups are one of the best ways to learn US income tax accounting rules because the sessions are structured in such a way to maximize the learning for the Japanese speaking employee.
The objective of this second session is to help Japanese speaking employees learn income tax accounting rules in comfortable environment where a participant can raise his/her questions and our CPA instructor provide clear cut answers to the questions. The instructor will demonstrate how to calculate the provision, and participants will gain hands-on experience in preparing these income tax provisions. These sessions will typically have fewer than five participants, but will also be a good networking session for the attendees.
Income tax accounting has become more important as many Japanese owned subsidiaries are shifting their focus to after-tax earnings. In addition, the arrival of new FIN 48 rule that governs the uncertainties of income tax positions also makes this topic more important.
OVERVIEW:
Cost: FREE
Prize: Freshly baked Japanese style bread (limit to 5 in each seminar)
Time: 5:00 PM to 7:30 PM (including break)
Registration: Send an e-mail to kfujimoto@cdhcpa.com or call 630-253-0215 to complete your registration over the phone.
SCHEDULE AND LOCATIONS:
March 6 (Thu) Novi, MI
CDH Office at 28175 Haggerty Road
March 7 (Fri) Cincinnati, OH POSTPONED until April 4
March 13 (Thu) Lexington, KY
Office Suites, 2333 Alexandria Drive
March 14 (Fri) Louisville, KY
CDH Office at 9900 Corporate Dr., Suite 3000
March 20 (Thu) Columbus, IN
Holiday Inn, 2480 Jonathan Moore Pike
March 21 (Fri) Indianapolis, IN
CDH Office, Suite 100, 2815 River Crossing Parkway
April 4 (Fri) Cincinnati, OH
CDH Office in Office Suites at 11427 Reed Hartman Highway
WHO SHOULD ATTEND?
- Presidents, CFOs, controllers, and Accounting managers
- Anyone who needs to review accounting records but does not have an accounting background
- Accounting person who desires to calculate the company's tax provision of both current and deferred
- One who is studying for a CPA exam
SEMINAR CONTENT:
1st session (Winter 2007)
Learn temporary and permanent differences; understand the current tax provision calculation.
2nd session (March 2008)
Learn deferred income tax calculation, work with actual spreadsheet to prepare current and deferred income tax provision.
3rd session (Spring 2008)
Learn practical ways to apply FIN 48 and calculate the impact of FIN 48 from state income tax nexus and transfer pricing. Review current and deferred income tax calculation.